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-elected with unemployment above 8 percent. the president said the economy is moving forward and suggested governor romney's policies would spark another financial disaster. >> we made too much progress to return to the policies that led to the crisis in the first place. i cannot allow that to happen and i won't allow it. >>trace: governor romney downplayed the new jobs numbers. he wrote in a statement and i quote, "this is not what a real recovery looks like. we created fewer new jobs in september than in august and fewer jobs in august than in july. we have lost over 600,000 manufacturing jobs since president obama took office. if not for all the people who have dropped out of the labor first, the real unemployment rate would be closer to 11 percent. we have john roberts following the campaign with governor romney but wendell is covering the president's campaign from cleveland. the numbers could help the president at a very crucial time. >>reporter: they could. the 114,000 jobs created last month was a modest increase but the drop in the unemployment rate came from a different survey, something called a
the president in cleveland. governor romney says the 7.8 percent unemployment rate does not tell the whole story. here is what the g.o.p. nominee told supporters in virginia today. >> the reason it has come down this year is primarily because of the fact that more and more people have just stopped looking for work. if the same share participated in the workforce today, as the day the president got elected, the unemployment rate would be around 11 percent. >>trace: he is stopping in two battleground states. now he is on the way to florida after 9 rally in virginia. we continue with john roberts live in st. petersburg, florida. governor romney says if he is elected americans will see and i quote, "a real recovery." >>reporter: that is a message that is very important here in this part of florida. president obama won this county where i am and a neighboring county in tampa in 2008. they were split in 2004 between george bush and john kerry. romney took aim at the unemployment figures today saying that while the numbers may look good on the surface, fewer jobs were created in the month of september
. unemployment, this is interesting, romney with a six-point advantage. and on the deficit, you can see, as well, mitt romney with a bit of an advantage. >> and another issue that could come up in the debate is immigration. mitt romney finally taking a position on this. >> yeah. in an interview just a couple of hours ago with the denver post, this is interesting, this goes back to the president and that executive order he signed in june that allowed some younger children of illegal immigrants to not face deportation. here's what romney said about this in the "denver post." the people who have received the special visa the president's put in place, which is a two-year visa, should expect that the visa would continue to be valid. i'm not going to take something that they purchased. before those visas have expired we will have full immigration reform plan that i proposed. in the primaries he took a hard stance on illegal immigration. he said he was against the dream act -- >> and for deportation, also. >> making it so hard to get a job that people would self-deport. >> a little bit of a different t
changing twist this week. mitt romney's strong debate performance and yesterday's timely drop in the nation's unemployment rate. these are critical days on every level from fund-raising to how the candidates define themselves and each other to an electorate that is now fully engaged and focused. our andrea mitchell is standing by with analysis, but first nbc's peter alexander on the campaign trail in florida tonight. good evening. >> reporter: with one month to go, mitt romney is trying to capture the energy, with more enthusiastic crowds and a simpler message. >> thank you. >> reporter: after weeks that reenergized republicans and reinvigorated the race, president obama is trying to blunt mitt romney's momentum embracing friday's encouraging economic news. >> we learned that the unemployment rate is now at its lowest level since i took office. more americans are entering the workforce. more americans are getting jobs. >> but romney hasn't ceded any ground, attacking failed policies that have stifled growth. >> the participation of our adults in the workforce were the same as at the time he
>> live from america's election headquarters, governor mitt romney saying america is in a jobs crisis. this, as the obama campaign touts a new report showing the unemployment rate dropping to 7.8%. governor romney citing millions of americans forced into part-time jobs and many who have simply stopped looking for week. in his weekly internet address, president obama says the new report shows the country is headed in the right direction. and new video out of israel showing an israeli fighter jet shooting down an unmanned drone inside their air space. right now, investigators are searching the drone's wreckage in the southern part of the country and israeli media sources saying it was not carrying weapons, but appears to be gathering information. and we'll be back at 6 eastern alongside rick fulbaum. >> paul: welcome back to the journal, editorial report. coming up in this half hour, the supreme court is back in session and promising to be another tumultuous turn as it references racial preferences and college admissions. could it be a potential pickup of republicans in the blues
since he took office, the unemployment rate fell below 8%. but his challenger, mitt romney, had a different take on the figures. he says they are actually a sign that things are getting worse. >> the unemployment rate, as you noted this year, has come down very slowly, but it has come down on the less. reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it is a reminder that this country has come too far to turn back now. we have made too much progress to return to the policies that led to the crisis in the first place. >> the two candidates have made radically different proposals on the way the u.s. economy should develop. it is not yet clear what effect the new employment numbers will have on the race for the white house. >> let's turn to the markets now and take a closer look at some market numbers. the dax ended the day 1.25% up. the euro stoxx 50 closed almost 2%. the dow jones currently going up
's still the economy. campaigning in virginia coal country, mitt romney tried to dig through the latest jobs numbers. to make the case, he has not hit just yet. >> fewer new jobs created this month than last month and the unemployment rate, as you know to this year, has come down very slowly. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> still, one of romney's key metrics on the president's handling of the economy went up in smoke when the nation's unemployment rate dipped below 8%. >> 88% unemployment for over, what 43 months. >> we still have unemployment above 8%. >> he told us to get us back to work and hold unemployment for 8%. >> month after month, after month. >> it's a political bar rising. proposing statement at the first presidential debate. >> we've had 43 straight months with unemployment above 8%. if i'm president, i will help create 12 million new jobs in this country with rising incomes. >> reporter: but romney notes the president has fallen short of estimates set by the own economic advis
record. in mr. romney's view, if you take a look at the unemployment and account for those who have taken themselves out of job-seeking market, it's far worse than today's sub8 number. watch. >> the truth is, if the same share of people were participating in the workforce today as on the day the president got elected, why our unemployment rate would be around 11%. >> and the romney campaign and experts say if you take those who are out of work, those who stop looking for work and those are ho are under employee employed, the real unemployment number as it's called is north of 14%, harris. >> harris: number subject i understand came up on the trail today is that governor romney shifted his position on what he once called his inelegant remark about the 47%. >> that was one of the things that democrats were criticizing president obama for having not brought up in the debate the other night. criticizing mr. romney for his now 5 month old remarks to a closed fundraiser surreptitiously videoed that he suggested 47% of americans who don't pay income taxes are looking for some sort of government
. but in southwest virginia, romney fired back that the report does not portray a real recovery. >> the unemployment rate, as you noted, this year has come down very, very slowly. but it's come down, nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. so it looks like unemployment's getting better, but the truth is, if the same share of people were participating in the workforce today as on the day the president got elected, why, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >> brown: in fact, total employment in september did increase, for the first time since june, by 873,000. but two-thirds of those were people who took part-time jobs when they could not find full- time work. today, some even questioned the accuracy of the data. on twitter, former general electric c.e.o. jack welch suggested the obama administration manipulated the numbers. but on cnbc, labor secretary hilda solis called that claim "ludicrous" and defended the bureau of labor statistics. >> y
captioning sponsored by macneil/lehrer productions >> woodruff: the unemployment rate dropped below 8% for the first time since january 2009. president obama cheered the figures; mitt romney criticized the administration for not creating enough jobs. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, what do the numbers tell us about the true state of the labor market? we get an assessment. >> woodruff: then, gwen ifill reports on missouri's senate contest where the democratic incumbent has unexpectedly grabbed the lead. >> this the united states senate. mark shields an david brooks >> brown: mark shields and david brooks analyze the weeks news. >> woodruff: and ray suarez previews another political match to watch, thousands of miles south in venezuela, where long- time leader hugo chavez faces a young challenger. >> the election marks a watershed moment for the world's second largest oil producing nation. and a critical supplier of crude oil to the u.s. its number one customer. woodruff: t >> woodruff: that's all ahead on tonight's newshour.
a two-step and reposition and got an extreme makeover. >> crushed by romney on wednesday, he gets a huge boost with the new jobs report. the numbers are surprising, unemployment rate below 8% for the first time in his presidency. but is it enough to stop a surging romney? >> if we were to re-elect president obama i don't think we would measure up to the test of time. >> tonight, the one man who has debated both of them, senator john mccain joins me. >> frankly, i didn't expect the president to do that poorly. >> he knows when to hold them and when to fold them. ♪ know when to walk away and know when to run ♪ >> the legendary kenny rogers, taking on politics -- >> in all fairness i really wanted obama to be a great president. >> and talking about his music and his love life. oh, s, and we sing a duet. ♪ islands in the stream ♪ that is what we are >> this is "piers morgan tonight." >>> we begin with tonight's big story with just 32 days before the election, the new jobs report numbers are out and they are shaking up the race again. the unemployment rate fell to 7.8%, the lowest sin
. the unemployment numbers are giving obama the boost he needed but romney says the numbers aren't nearly good enough. joining me is former clinton press secretary, dee dee myers and republican strategist, john bravender. john, let me start with you. presumably all republicans are feeling a surge of great excitement following the debate. how much has that been dissipated by what are undeniably very good jobs figures today? >> first of all, i guess i would argue that they are as good as either you're saying or particularly that obama is saying. if you look at the adjusted numbers for july and august, actually the new numbers aren't any better than that. if you look, the only reason that unemployment is going down is they're taking more and more people who have basically given up or are underemployed out of the equation and so what has happened is we're now starting to accept and get excitement over mediocrity. but i will say this. the good news for the president is we're discussing the job numbers today and whether they're good, bad or whatever rather than his debate performance. i think that's actual
in the summer. romney pointed out the unemployment rate doesn't reflect people who stopped looking for work. >> if the same share of people were participating in the work force today, as on the day the president got elected, our unemployment rate would be around 11%. >> reporter: 8.8 million people lost their jobs during the recession, just under half of those jobs have been added back. that means millions of jobs still to go and a task that will take longer than the 32 days remaining until the election. in washington, emily smith, ktvu channel 2news. >>> google plans to expand cuts in its motorola mobility division outside the united states. that information was part of a google filing with the securities and exchange commission. google announced in august, it was reducing 4000 jobs at motorola, with about two-thirds of those cuts being made outside the united states. motorola mobility makes cell phones and set top cable boxes. google bought the company in may for $12.4 billion. >>> on wall street today, jobs numbers did little to move the numbers. the nasdaq was down 13 and the s&p lost l
these new unemployment numbers as another sign of a stalled economy. governor romney expected to make comments at a rally in abington, virginia, any moment, but his campaign issued a statement that read, quote: >> reporter: there will be, jon, one more jobs report to come out before the election, that coming out on november 2nd, the friday just four days before election day. we will find out then whether two months in a row of job report makes a positive trend or not. everybody will be. watching that one, jon. jon: and the revisions down the road. doug mckelway in washington. thank you. jenna: doug just mentioned governor mitt romney on the campaign trail today. his event in virginia, we heard from the president about an hour ago. let's go ahead and take a listen to governor romney. [cheers and applause] >> mitt! mitt! mitt! mitt! >> thank you. thank you. gosh, i just spent a half hour or so with some of your fine citizens from the this area, folks who are working in this area that want to keep working in this area, a wonderful couple that has a farm that now they wonder whether they'
our economy forward, as he has for 31 straight months. and 44-month low in the unemployment rate. you know what is really shocking is that you have republicans, colleagues of mine, mitt romney, reince priebus, disappointed to continue the football analogy. they were rooting for a fumble and it's unbelievable that they are disappointed that we have a 44-month low in the unemployment rate. the american enterprise institute said that anyone talks about cooking the books is living in crazy town. so i guess chairman priebeus and other republicans either are dwelling there or simply rooting for failure. we need to continue to move our economy forward. >> shannon: the same grandpa, aei, said that under the president's plan, taxes would go up by $4,000 are they right? >> the tax policy center, which made up of economists from the bush administration and as well as the clinton administration, their asis says when it comes to mitt romney's and paul ryan's budget plan, it would cost $2,000 to pay for tax breaks for millionaires and billionaires, it turns medicare into a voucher system. that's on
. >> highest unemployment. >> and the houses are upside down, and that's going to go with romney, iowa, obama. >> you think obama? >> again out there, the republicans have evened the registration divide, but -- >> michigan, the ryan bump does not exist. >> if you give that, the president is reelected. the president is like six points, but -- >> he wins. >> and virginia is a toss up, we'll give it to romney. >> new hampshire has gotten away -- >> you're giving that to the president too? >> so you have him at 284 with virginia a question mark. >> i don't know. >> let's give it to romney. >> if you give it to him, it's still a convincing win. this is what confounds a lot of republicans, he says why is romney not doing better here. they also say look at this, if you look at this historically, this is the first three quarters of gdp in the reelection years. george h.w. bush had growth, but people did not buy it. bill clinton has a big quarter, george w. bush got through what was a pretty struggling economy, but president obama's first two quarters, dismal compared even to 2004. how is this preside
. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't the things he's saying on the campaign trail. that's just what he did as governor. >> so here's the thing i would say to you, governor. if governor romney's track record is relevant, then president obama's track record is relevant. and under president obama the debt has gone to $16 trillion -- he has racked up under his presidency more debt in a single term than every president combined before him. >> that was true with reagan, carter, nixon. >> you have to sit and deal with that track record. >> one other issue we haven't talked about yet, one of these 15-minute segments is going to be about health care. what is the question for mitt romney? i think he should double down and just explain the difference between romney care and obama care. he should own it.
the unemployment rate falling to 7.8%. where does the romney campaign go from here? i'm joined by a republican spokesman. romney has said the president's policies right-hand turn working and the 8% was an indication of that. what's the response now? >> well, i think clearly the number of americans who are still looking for work, the people -- the work force participation rate is still far, far too high, so i don't think that 7.8% unemployment is something anybody, even the democrats, are cheering about. so i think that the president still clearly has a case to make for why another four years are going to be better under his leadership. >> the democrats would say, as they've said on our air this morning, that it is heading in the right direction at least. but normally a jobs number comes and goes, but yesterday certainly quite a bit of controversy over this latest number. some republicans, including former ge ceo jack welch saying that the number may not be kw t correct. welch tweeted this. unbelievable jobs numbers. the chicago guys will do nothing. can't debate so change numbers. does the ro
on, 7.8% unemployment. thissed yesterday. has this taken any wind out of lkvernor romney's sails? >> reporter: well, talk about a lymentum stopper there, jim. i mean, what it has done it really rob romney of one of his sost reliable lines in his hempaign speeches. i've heard him say over and eser, under president obama, has neyment has never been below 8%. obviously, he's not saying that now. instead what we saw yesterday and what he's going to say here in this rally tonight is it d bed be better and it would be better if he were president, reminding people of just how much americans in this country are struggling and saying those numbers just don't reflect how bad this economy really is. >> axelrod: what else do you expect, jan, in the run-up to the second debate? foreporter: well, what we've already seen is more focus, more aggressiveness coming from governor romney after that debate, but, jim, there is one other thing that is so striking. i've never seen it in the 10 months i've covered this campaign as what we saw last night in st. petersburg, mitt mneyey, very private man, d
of the romney campaign's longest running talking points. 43 months of unemployment, over 8%, and the president to blame. >> 8% unemployment for over -- how many, 43 months? we still have unemployment over 8%. he told us to hold unemployment below 8%. >> unemployment above 8% month after month after month. >> but all that changed yesterday. the bureau of labor statistics reporting the unemployment rate falling to 7.8%. where does the romney campaign go from here? i'm joined by a republican spokesman. romney has said the president's policies right-hand turn working and the 8% was an indication of that. what's the response now? >> well, i think clearly the number of americans who are still looking for work, the people -- the work force participation rate is still far, far too high, so i don't think that 7.8% unemployment is something anybody, even the democrats, are cheering about. so i think that the president still clearly has a case to make for why another four years are going to be better under his leadership. >> the democrats would say, as they've said on our air this morning, that it is hea
and got an extreme makeover. >> crushed by romney on wednesday, he got a huge boost of new job supports. unemployment below 8.7 for the first time since his presidency. >> if we were to reelectricity preside -- reelect president obama, i don't think we would stand the test of time. >> frankly, i don't think the president should do that poorly. >>> and he knows when to hold 'em and when to fold 'em. kenny rogers taking up politics? >> i really wanted obama to be a great president. >> we tell you about his singing and his love life. >>. ♪ islands in the stream, that is what we are ♪ >> we begin with tonight's big story, just 32 days before the big election. unlike wednesday's debate, they're shaking up the employment rates again. it's the lowest since obama was inaugerated. both candidates trading jabz tod das jabs today in the battleground state of va vachlt. >> today's news is certainly not an excuse to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. [ applause ] >> when i'm president of the united states --
to see what the republicans think about that. how big of a help? because mitt romney can no longer go, well, the unemployment rate is above 8%. >> absolutely it was a help. and it was a solid vote for president obama on friday, the day just after this disastrous debate. let me tell you, don, i'm a republican, but when it comes to unemployment numbers, i'm an american first. i root for the home team. i'm not on the red team or the blue team. i want our economy to strengthen. i want us to recover as a country. and i think the smartest thing any political person can do, any pundit can do is celebrate america doing better. >> i think you're absolutely right. so why are many republicans saying the numbers were cut, when there's no interaction when the white house and the office that decides these numbers, that is spinning and whining as well. >> because we are 30 days from an election. and everything is political. what they need is political, what they wear is political, what they say is political, but at the end of the day after november 6 we are all in this together. >> i think they are
for him to point to. one of the arguments in the debate that romney used is we have to keep lowering taxes because growth is not on track. guess what? the unemployment number is ticking down. that blunts that argue am. i think the president has to come out strong with his arguments around investment and education and keep that momentum flowing. . >> let me give you some of the reaction that's been coming in. mitt romney's campaign issued a statement saying this is not what a real recovery looks like and he will create 12 million jobs. then this is what david plouffe had to say just a short time ago on chuck's show. >> i don't think we should focus on the politics today. this is obviously showing we continue to recover from a horrible recession. the recession wasn't an accident. there were policies and reasons that contributed to it. and, you know, reckless wall street behavior, tax cuts for the wealthy unpaid for. these are the same policies mitt romney wants to return to. >> so what does the president do with this? he's about to speak in virginia in the next hour. >> i don't tell the pres
? romney is losing ohio. the president has emphasized saving the auto industry, now the unemployment rate has gone down, but with a lot of cash can things be turned around? >> you know, at some point there's a declining significance of cash. in presidential campaigns people start paying a lot of attention to you. they pay a lot of attention especially though to their news anchor, 5:00 p.m. news anchor is the most trusted individual in most local markets. so that news show is very important. so that's why candidates go to town, they do those events, they try to make the morning and evening news so they can have an impression because people only believe half of what they see in tv ads. >> joe, what do you think? yesterday julian tep from the financial times was on and she was talking about $500 million still that's left to spend on negative ads. do you think that that could have a big impact with the final 32 days of this campaign? >> well, i do. this is going to be a very, very tight race, as you can see. i think the numbers -- the next polling numbers that come out will show the race is t
's confronted with facts and simply worded question, when mitt romney reminds people, we have 11.7 unemployment, not 8.1%, america's best days have to be in front of her, i think he wins, not by having a, quote, human moment. i think that is a fool's earring but having a moment of real leadership and maturity. contrasted with a celebrity president who is comfortable with ellen or any of these late night hosts, than he is talking to the families of these insider attacks. i think romney has to be mature, and forceful, and has this idea, it is all in this debate, that is too convenient for the media. >> chris: juan, talk about it. but, because we kind of keep forgetting about obama. what does obama need to do. >> i think, president obama, he's leading in the polls, nationally and leading in the swing states. so, the question is, how do you reaffirm the existing status quo? >> you know, the sense that the sale has been made and he's there, not to seek any sort of dramatic moment, he just wants it to happen and, be history. and, for mitt romney, i think the problem is, i think it came out in your in
heard mitt romney the last hour just say that the reason unemployment is down because there are so many people that stopped looking for work and what he says is that if you take a look at the number of people who were all seeking jobs, if they were actually included in that number, the real unemployment rate would be 11% because it would include all those folks that are certaining for work, instead of dropping out. does that look accurate? >> yes. here's why. if you look at something called the labor force participation rate, meaning the share of adult workers who are either in the labor market or looking for work, that has gotten smaller and smaller. it's the smallest since 1981 right now. that meensz people have left the labor market, so if you were -- and a lot of economist read these numbers -- if you were to looking look at the labor force participation rate from the day president obama took office and use that same size of the labor force today, you would have an unemployment rate more like 11%, not 7.8%. so on the very basis of that statistic, he is correct, but many economists w
. also putting his own spin on the new unemployment numbers at 7.8%. mitt romney making the case that the same amount of people, number of people in the work force, will look more like 11% unemployment. we'll get a fact check of that and also give you the political implications up next. years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] did you know that the single cap of gain gives as much freshness as a whole bottle of that other stuff? ♪ that's more than enough freshness to go around... unless you happen to be this guy. [ sniffing ] [ male announcer ] you don't want to be this guy. trust me. get irresistibly fresh with gain. gain originals now available with clean boost. with 20%
, statistical tie, unemployment rate, 5.9%, and brad, first on this one, governor romney says the country is in a jobs crisis. president obama of course is saying the country is going in the right direction. so, who are the folks in virginia going to roll with? brad? >> i think, they will roll with governor romney and the reason being, again, we have a state of virginia, who is run by a very good governor, a governor mcdonald, who is again somebody who made tough decisions for virginia, when the -- with republican policies and we are no spending more than we take in, in virginia and are forward thinking on energy and unfortunately, again, virginia is stuck in a situation, where we can't exploit our own resources, because of the regulations that the obama administration put on virginia. >> arthel: donna, go for virginia. >> i think that the president has done an extraordinary job in persuading a number of folks in that state, that the message that he is delivering and the work he's doing for virginia and the country is really delivering value. their unemployment rate is lower and, frankly
Search Results 0 to 49 of about 127 (some duplicates have been removed)